News & Analysis as of

Corporate Governance Reporting Requirements Sustainability

Latham & Watkins LLP

EFRAG Releases Proposed Amended ESRS for Public Consultation

Latham & Watkins LLP on

The proposals outline simplification “levers” to address sources of complexity in sustainability reporting under the EU Corporate Sustainability Reporting Directive....more

A&O Shearman

EC adopts recommendation on a voluntary sustainability reporting standard for SMEs

A&O Shearman on

The European Commission (EC) has adopted a recommendation on a voluntary sustainability reporting standard for small and medium-sized enterprises (SMEs). The recommendation serves as an interim measure ahead of a formal...more

Latham & Watkins LLP

South Korea Reintroduces Human Rights and Due Diligence Act

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The reintroduction of South Korea’s due diligence law potentially marks a significant advancement for human rights and ESG initiatives in the region....more

Fenwick & West LLP

Sustainability Reporting is Down in 2025, but Companies Appear to be Staying the Course

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The Conference Board recently reported that the number of Russell 3000 companies issuing sustainability reports in the first half of 2025 fell 52% compared to the first half of 2024. ...more

A&O Shearman

EC adopts Delegated Regulation to postpone ESRS disclosure requirements for wave one companies

A&O Shearman on

The European Commission has adopted a Delegated Regulation amending Delegated Regulation (EU) 2023/2772, introducing targeted amendments, referred as a "quick fix", to postpone the application of certain disclosure...more

Ropes & Gray LLP

A CSRD Transposition Update – Three Additional Countries Adopt the “Stop the clock” delay

Ropes & Gray LLP on

Reporting obligations under the European Union’s Corporate Sustainability Reporting Directive are created under EU member state national legislation adopted pursuant to the CSRD. We have again updated our tracker to reflect...more

Proskauer - Regulatory & Compliance

A Leaner Regime for the EU Taxonomy Regulation

On 4 July 2025, the European Commission adopted a regulation (the “Delegated Regulation”) aimed at streamlining the European Union’s Taxonomy Regulation (the “Taxonomy Regulation”). These reforms are intended to ease...more

Morrison & Foerster LLP

EU Sustainability Reporting Unpacked: Latest Developments on the Omnibus Package and ISSB Interoperability

The Omnibus Simplification Package, launched by the European Commission in February 2025, aims to substantially reduce the compliance burden for corporate sustainability in the EU. The package focuses on amending the...more

Hogan Lovells

ESG Focus: UK/EU/International ESG regulation monthly round-up – June 2025

Hogan Lovells on

EU Omnibus updates and dates for your diary: With negotiations continuing at both European Parliament and Council of the European Union level, final agreement on the omnibus proposals for sustainability reporting and due...more

Proskauer - Regulatory & Compliance

Timetable extended for developing new CSRD Standards, following EFRAG Progress Report

A new extended timetable is now in play for the European Financial Reporting Advisory Group (“EFRAG”) following a letter sent by the EU Commissioner Albuquerque on 1 July 2025. EFRAG is tasked with the responsibility to...more

Latham & Watkins LLP

Recent Developments for UK PLCs - July 2025

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On 5 June 2025, the GC100 and Investor Group published an updated version of their Directors’ Remuneration Reporting Guidance. This revision reflects evolving best practices and incorporates changes introduced by the...more

Latham & Watkins LLP

Government Sets Out Next Steps for UK Sustainability Reporting Framework

Latham & Watkins LLP on

The package of consultations covers UK Sustainability Reporting Standards, transition plans, and assurance of sustainability-related disclosures....more

Latham & Watkins LLP

UK Government Consults on Sustainability Reporting Standards and Climate Transition Planning

Latham & Watkins LLP on

On 25 June 2025, the UK government launched three consultations as part of London Climate Action Week, which are intended to form key parts of the government’s programme to make the UK the “sustainable finance capital of the...more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG in 2025: A Midyear Review

In this article, we reflect on key trends in ESG over the first half of 2025 and look ahead at what to watch in the second half of 2025. We analyse developments, including the following major themes: - EU Omnibus Proposals...more

Jones Day

Omnibus - EU Council Signs Off On Its CSRD And CSDDD Negotiating Position

Jones Day on

After a number of rounds of drafts, the EU Council has signed off on its position regarding the revisions to CSRD and CSDDD brought about by the Omnibus....more

Proskauer - Regulatory & Compliance

Council of the European Union Agrees Mandate to Streamline CSRD and CSDDD Requirements

On 23 June 2025, the Council of the European Union (“Council”) endorsed its negotiating mandate on the European Commission’s Omnibus I proposal, which aims to streamline the Corporate Sustainability Reporting Directive ((EU)...more

Ropes & Gray LLP

Ropes & Gray CSRD Transposition Tracker - June 2025

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Ropes & Gray has once again updated its monthly Corporate Sustainability Reporting Directive (CSRD) Transposition Tracker. The Tracker is prepared in conjunction with leading law firms across Europe. The Tracker describes...more

Fenwick & West LLP

New York Passes on Mandatory Sustainability Reporting

Fenwick & West LLP on

New York has failed to adopt climate reporting requirements in the 2025 legislative session, according to Forbes. ...more

Holland & Knight LLP

Colombia emite nuevo informe de la Superintendencia de Sociedades

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La Superintendencia de Sociedades de Colombia, el 14 de marzo de 2025, emitió una circular externa encargada de integrar las disposiciones de presentación de los informes 75, 58 y 67, así como de la adición del Informe 08 –...more

Proskauer - Regulatory & Compliance

TCFD Is Dead, Long Live ISSB – Are You Ready?

Sustainability reporting is evolving fast. As global momentum builds around the endorsement and adoption of the International Sustainability Standards Board (ISSB) standards in key jurisdictions, businesses must act now to...more

Ius Laboris

The EU ‘Stops the Clock’ on the CSRD: What You Need to Know

Ius Laboris on

On 16 April 2025, the so-called 'Stop the Clock' Directive was published. It postpones the application dates of certain provisions contained in the Corporate Sustainability Reporting Directive ('CSRD') and the Corporate...more

Latham & Watkins LLP

France Aligns With Brussels to Postpone CSRD Timeline

Latham & Watkins LLP on

France, the first country to transpose the Corporate Sustainability Reporting Directive (the Directive or CSRD) through Order No. 2023-1142 of ­6 December 2023, Order No. 2023-1142 of 6 December 2023, concerning the...more

Latham & Watkins LLP

“Stop the Clock” Directive Grants Delays in Corporate Sustainability Reporting and Due Diligence

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The European Council has approved the Directive, which offers a temporary relief to companies facing requirements under the CSRD and CSDDD....more

Ropes & Gray LLP

Omnibus Simplification of the European Sustainability Reporting Standards Gains Momentum – An In-depth Look at the EFRAG Work Plan...

Ropes & Gray LLP on

On April 25, EFRAG officially submitted to the European Commission its adopted work plan for the simplification of the European Sustainability Reporting Standards (ESRS). The ESRS contain the reporting requirements under the...more

Proskauer - Regulatory & Compliance

Tough Timetable Pushed Through To Update CSRD’s Reporting Standards

On 25 April 2025, the sustainability reporting board (“SRB”) of the European Financial Reporting Advisory Group (“EFRAG”), agreed the internal timeline for delivering advice to the European Commission on the simplification of...more

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